ACC537 ACC/537 ACC 537 Week 6 Individual Financial Statement Restatement Paper
Individual Assignment: Financial Statement Restatement Paper
Resource: Ch. 22 of Intermediate Accounting
Locate an article from a financial periodical from the past 2 years about a company that restated its financial statements due to an error in accounting principal. Examples of periodicals are CFO and Journal of Accountancy.
Write a paper of no more than 700 words with references discussing the restatement of the company, the accounting principals involved, the effect of errors and changes on financial statements, and the affect on the stockholders.
Format your paper consistent with APA guidelines.
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ACC537 ACC/537 ACC 537 Week 6 Individual Financial Statement Restatement Paper.doc (Preview File Here) restatement of Kodiak Energy Inc, because of the errors that occurred in the application of the general accepted accounting principles (GAAP).This is a transaction Kodiak Energy reported from September 30th, 2007, and December 31st, 2007, and it